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BOARD OF GOVERNORS

265

OF" THE

FEDERAL RESERVE SYSTEM
WASHINGTON
AOORESS OFFICIAb. CORRESPONOENCE
TO THE BOARO

X-9503
February 25, 1936.
5ubject:

Comptroller's Regulation
ro Investment Securities.

Dear Sir:
There has been sent to you under separate cover a
supply of copies of the "Regulations Governing The Purchase
Of Investment Securities, And Further Defining The Term
'Investment Securities' As Used In Section 5136 Of The Re-.
vised Statutes As Amended By The 'Banking Act Of 1935'",
issued b,y the Comptroller of tho Currency.
It is tmderstood that the Comptroller has already
forwarded copies of this regulation to all national banks,
and it will be appreciated if you will forward copies of
the regulation to all State member banks in your district.
Very truly yours,

~£~---fV~/-U-A-L. P. Bethea,
Assistant Secrctar,y •

••

TO ALL FEDERAL RESERVE AGENTS.